The superyacht, estimated to cost tens of millions of euros, was heading from Capri to Sardinia when it caught fire in the early hours of Tuesday morning.
© Guardia Costiera
The nearby Guardia Costiera station picked up a distress signal at approximately 06:00 local time, indicating the luxury yacht was 50 miles off Capo Comino, Sardinia.
A rescue helicopter and two patrol boats were dispatched immediately, but the nine crew members and eight Kazakh nationals on board had already abandoned ship and clambered into a life raft. They were taken to shore, and no injuries were reported.
The 48m Lady MM yacht was built in 2003 by ISA. © SuperYacht Times
The vessel’s steel hull and aluminum superstructure were completely destroyed by the fire, and it sank by the stern at roughly 17:30. The cause of the fire is still under investigation.
© Guardia CostieraThe 48-meter ISA 470 series yacht was built in 2003 and could carry up to 18,000 gallons of fuel, according to SuperYacht Times. Its luxurious air-conditioned accommodation included a VIP stateroom, a master suite, one double cabin, and two twin cabins. Among its high-spec fittings was an on-deck Jacuzzi, a gym, and a cherry wood and onyx fireplace in its upper salon. The craft was previously named ‘April Fool’.
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